There was Congressional testimony last fall to consider
possible modifications to the Foreign Corrupt Practices Act. In part the
testimony focused on the issue of FCPA compliance procedures as a defense for a
business organization. Under current practice...
On this day 75 years ago Orson Welles caused a nationwide panic with his broadcast of “ War of the Worlds ” – a realistic radio dramatization of a Martian invasion of Earth. The show began on Sunday, October 30, at 8 pm. A voice announced...
This article was reprinted with permission from FCPA Professor
As highlighted in this recent report:
“The [U.K.] Government is reviewing the Bribery Act after business leaders claimed it was making it difficult for British firms to export...
In an article published in the July issue of the
Compliance Week magazine, entitled " T he
UK Bribery Act: How
to Mitigate the Risks or Prosecution for Making Facilitation Payments ", authors
Jonathan Feig and Richard Thomas discuss how...
Although much is still unclear about the implementation
date, or the manner in which the UK Bribery Act will be enforced, it is clear
that one of the important compliance functions which a company should implement
is appropriate internal controls....
"We are not the 'serious champagne office,' " said David Green , chief of the UK's Serious Fraud Office
(SFO). But Green says he is working to focus his agency on bigger cases of
bribery and corruption. Green's commitment ...
Earlier this week I had the opportunity to sit down and
lunch with Barry Vitou and Richard Kovalevsky, QC, authors of the website, thebriberyact.com . A great time was
certainly had by all and, in honor of their website and the venue, I enjoyed a
The debate now ongoing in the UK about whether Deferred
Prosecution Agreements (DPA) should be a tool available to prosecutors in the
Serious Fraud Office (SFO) and Crown Prosecutors is an important issue that
should be well reasoned and thoroughly...
In the February 10, 2012 edition of the Houston Business
Journal, in an article entitled " In order to solve a problem, it must first
be identified ", author Harvey Mackay wrote "People don't usually buy
products and services. They...
In this episode, Thomas Fox and Howard Sklar discuss the
Africa Sting Case Victory (or Defeat, depending on your viewpoint)
2. SEC goes after Goldman
3. Lockheed Martin complies with the UK Bribery Act
4. Another company discloses...
1st UK Bribery Act waste case.
Good: the government writes a great, well-written brief in the Siriwan
Bad: Alcatel-Lucent. Add some facts, but Howard still comes out in the
My colleague Henry Mixon of Mixon Consulting has an
interesting observation regarding internal controls under the UK Bribery Act.
Unlike the Foreign Corrupt Practices Act (FCPA), the Bribery Act does not have
a books and records component written into...
It's Final Jeopardy and the category is "Compliance". As
your company's Compliance Officer you are positively salivating at the
prospect. So you go all in and bet everything you have on this last question.
You stand abated as Host...
To give or not to give? That is certainly a question but
it may also include the question of the value of the gift. Under the Foreign
Corrupt Practices Act (FCPA) and UK Bribery Act gifts and entertainment
continue to bedevil compliance practitioners...
Thomas Fox and Howard Sklar
continue a previous discussion of the UK Bribery Act and also talk about the Lindsey Manufacturing case,
the latest SAR Activity Review featuring
foreign corruption, and other FCPA-related topics.
(Please visit the site...